Designing Joint Investment Fund to increase the capacity of the insurance reinsurance

Subject Areas : Journal of Investment Knowledge

Saeed Soleimani ¹ (M.Sc student, MBA, The University of Economic science)
Mahdi Sadeghi Shahedani ² (Associate prof. ,Economics Department,Emam Sadiq University)
Mohammad Fetanat ³ (Vice Chairman of Parsian Bank and Member of The Board of Directors)

Received: 2013-09-01 Accepted : 2014-01-15 Published : 2014-01-15

Keywords: reinsurance, Investment funds, Insurance Penetration, Reinsurance Capacity, Delphi Technique, Robust Economy,

Abstract :

Many accidents occur every year around the world cause material and human losses. The amount of insured losses resulting from these incidents make damage inflicted on the insurance company. in some cases, the insurance company are faced with the threat of bankruptcy. Insurance companies use reinsurance to approach to the crisis traditionally. But it should be noted that the reinsurance companies have limited storage capacity and concentration risk. so, one of the effective tools to solve this problem is a direct relationship between the insurance industry and the capital market as a concept called "risk securitization". This is known as debt securities insurance. However, an additional problem in our country is international sanctions that cause limitation. In this case the cost of such reinsurance increases. Thus, according to studies and evaluated that were collected and analyzed by using the Delphi technique ideas theme "insurance investing investment fund  reinsurance in order to increase capacity" was proposed.